JetBlue Airways (NASDAQ:JBLU) Upgraded to Hold at BMO Capital Markets

BMO Capital Markets upgraded shares of JetBlue Airways (NASDAQ:JBLU) to a hold rating in a research note released on Monday morning,Zacks.com reports.

A number of other research analysts have also issued reports on the stock. JPMorgan Chase & Co. boosted their price target on shares of JetBlue Airways from $5.00 to $6.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 28th. Weiss Ratings restated a “sell (d-)” rating on shares of JetBlue Airways in a research report on Thursday, January 22nd. Morgan Stanley lowered their price objective on JetBlue Airways from $8.00 to $7.00 and set an “equal weight” rating on the stock in a report on Monday, December 8th. Susquehanna boosted their target price on JetBlue Airways from $4.55 to $5.00 and gave the stock a “neutral” rating in a research report on Friday, January 9th. Finally, The Goldman Sachs Group increased their target price on JetBlue Airways from $3.50 to $4.00 and gave the stock a “sell” rating in a research note on Tuesday, January 13th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Hold rating and five have given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus target price of $4.80.

JetBlue Airways Stock Performance

NASDAQ:JBLU opened at $4.19 on Monday. The company has a debt-to-equity ratio of 3.65, a current ratio of 0.74 and a quick ratio of 0.69. The firm has a market cap of $1.55 billion, a price-to-earnings ratio of -2.51 and a beta of 1.72. The firm’s fifty day moving average price is $5.19 and its 200 day moving average price is $4.86. JetBlue Airways has a 1-year low of $3.34 and a 1-year high of $6.50.

JetBlue Airways (NASDAQ:JBLU) last announced its quarterly earnings data on Tuesday, January 27th. The transportation company reported ($0.49) EPS for the quarter, missing analysts’ consensus estimates of ($0.45) by ($0.04). JetBlue Airways had a negative return on equity of 25.62% and a negative net margin of 6.64%.The firm had revenue of $2.24 billion for the quarter, compared to analysts’ expectations of $2.22 billion. During the same quarter in the previous year, the company posted ($0.21) EPS. The firm’s quarterly revenue was down 1.4% compared to the same quarter last year. On average, sell-side analysts expect that JetBlue Airways will post -0.69 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Stifel Financial Corp increased its holdings in JetBlue Airways by 0.6% in the fourth quarter. Stifel Financial Corp now owns 326,990 shares of the transportation company’s stock valued at $1,488,000 after buying an additional 1,928 shares in the last quarter. Vident Advisory LLC boosted its stake in shares of JetBlue Airways by 20.2% during the 4th quarter. Vident Advisory LLC now owns 13,232 shares of the transportation company’s stock worth $60,000 after acquiring an additional 2,226 shares in the last quarter. CWM LLC grew its holdings in shares of JetBlue Airways by 3.2% in the 3rd quarter. CWM LLC now owns 78,200 shares of the transportation company’s stock worth $385,000 after acquiring an additional 2,394 shares during the period. Essex Financial Services Inc. grew its holdings in shares of JetBlue Airways by 12.4% in the 4th quarter. Essex Financial Services Inc. now owns 23,504 shares of the transportation company’s stock worth $107,000 after acquiring an additional 2,599 shares during the period. Finally, Cetera Investment Advisers increased its stake in JetBlue Airways by 10.7% in the 2nd quarter. Cetera Investment Advisers now owns 30,678 shares of the transportation company’s stock valued at $130,000 after purchasing an additional 2,954 shares in the last quarter. 83.71% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about JetBlue Airways

Here are the key news stories impacting JetBlue Airways this week:

• Positive Sentiment: Short-term market/geopolitical relief lifted airline stocks, helping JBLU earlier this week — Biden/Trump-related de‑escalation headlines boosted risk appetite and supported airline demand expectations. Why Are Shares of JetBlue Rising Today?
• Neutral Sentiment: BMO Capital Markets initiated coverage with a “market perform” rating and a $4.50 price target — a modest upside to the current level that may increase analyst attention but does not signal conviction. BMO Coverage Note
• Negative Sentiment: Large jump in short interest: reports show ~72.8M shares short as of March 13 (about 19.9% of float, ~3.1 days to cover). That elevated short interest is bearish for sentiment, increases downside pressure and can raise volatility. (Data entries show inconsistencies in later prints; the March 13 figure is the most material.)
• Negative Sentiment: Citigroup cut its price target to $4.40, lowering sell‑side expectations and adding downward pressure on the stock. Citigroup Cuts JetBlue Price Target
• Negative Sentiment: Competitive product changes at United Airlines (adding more premium seats/cabin reconfigurations) could pressure yields on overlapping routes and intensify competition for higher‑yield passengers. United Ditches More Economy Seats

About JetBlue Airways

JetBlue Airways Corporation is a low-cost scheduled passenger airline headquartered in Long Island City, New York. Since commencing service in 2000, the carrier has built a reputation for combining competitive fares with enhanced onboard amenities, including free in-flight entertainment, complimentary snacks and beverages, and onboard Wi-Fi. JetBlue operates a single fleet type of Airbus A320 family and Embraer 190 aircraft, which supports its focus on efficiency and operational consistency.

The airline’s core offerings include economy-class travel and a premium business-class product known as Mint, which features lie-flat seats, curated culinary options and elevated service on select transcontinental and international routes.